When you think of luxury living in Dhaka, neighborhoods like Gulshan, Banani, Baridhara, and Dhanmondi often come to mind. These areas are home to some of the city’s most sought-after apartments, boasting modern architecture, high-end amenities, and unparalleled security. But in today’s changing political and economic climate, many are asking: Are luxury apartments in Dhaka still worth the price?
What Defines a Luxury Apartment in Dhaka?
In Bangladesh, “luxury” in real estate isn’t just about size. It’s about location, design, and lifestyle. A true luxury apartment usually includes:
- Prime location – Gulshan, Banani, Baridhara for international access, or Dhanmondi for heritage blended with modernity.
- Smart security systems – 24/7 surveillance, biometric access, and professional management.
- Modern design – spacious layouts, floor-to-ceiling windows, imported fittings, and energy-efficient systems.
- Exclusive amenities – rooftop gardens, swimming pools, gyms, underground parking, and concierge services.
- Community prestige – being part of neighborhoods where embassies, multinational offices, and elite schools are concentrated.
The Political Shift and Its Impact on Luxury Real Estate
The July 2024 regime change reshaped Bangladesh’s housing market dramatically. For years, political buyers and influential elites were major drivers of luxury apartment sales in Dhaka. However, after the revolution, that demand almost disappeared.
- The Daily Star reported in October 2024 that demand for luxury apartments dropped to near zero.
- The Business Standard noted in May 2025 that many high-value deals collapsed as political buyers vanished.
This means developers who once relied on a small circle of high-profile clients are now being forced to rethink their strategy.
Why Buyers Still Invest in Luxury Apartments
Despite the slowdown, there are still reasons why Dhaka’s luxury properties remain attractive:
- Urban resilience – According to The Business Standard (2025), the broader housing market has expanded, powered by urbanization and a growing middle-class demand.
- Long-term value – Prime areas like Dhanmondi and Gulshan continue to appreciate in value, regardless of political changes.
- Rental opportunities – Expats, diplomats, and multinational executives still seek high-end housing, creating strong rental yields.
- Prestige & lifestyle – For wealthy families, owning in Dhaka’s most prestigious locations remains a matter of social standing.
The Future of Dhaka’s Luxury Real Estate
Dhaka’s skyline is evolving. Projects like the 50-storey World Trade Centre, reported by The Financial Express in December 2024, show that development is far from slowing down. Meanwhile, neighborhoods like Dhanmondi continue to attract both heritage buyers and modern investors.
While the political shift reduced speculative demand, the luxury market’s long-term appeal lies in:
- Overseas Bangladeshis who want property in their homeland.
- Foreign investors who view Dhaka as an emerging hub, as noted in the Dhaka Tribune.
- Local elites diversifying their wealth into tangible assets.
Final Thoughts
Luxury apartments in Dhaka are no longer about quick political deals. Instead, they are becoming about sustainable investment, lifestyle, and long-term value. If you’re considering buying, focus on location, developer credibility, legal transparency, and future rental demand.
Yes, the market has shifted since July 2024, but for serious buyers, Dhaka’s luxury addresses still carry unmatched prestige.
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